BitcoinLong
BITCOIN - BULLISH DIVERGENCE
BTC on daily timeframe has given us one more dip, we have massive bullish divergence on the daily timeframe with 50 MA holding the price as support, also this big ascending triangle formation, a huge amount of longs have just been liquidated with this recent fall. I think we will bounce of the 50 ma and see price break this ascending triangle soon enough, price target remains 70k
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.